Irene Claeys

Irene is currently involved in projects looking at different political economy regimes in the green transition as well as monetary and fiscal co-ordination. She joins the Grantham Institute from the Bank of England (BoE), where she helped establish the Climate Project team, leading projects on topics including traded risk and climate litigation. Whilst at the BoE, Irene also worked for the net zero and energy workstreams, notably during the aftermath of the Russia-Ukraine war, where she co-ordinated the Bank’s external engagement on energy risks with HMT, Ofgem, DESNZ and the FCA. Most significantly, this included the Energy Market Financing Scheme, a scheme set up to address the liquidity requirements of energy companies during the 2022 energy crisis. Before the BoE, Irene was a doctoral student at the LSE’s Law Department, where she completed her PhD on the history of regulatory investment risk frameworks.

 Research interests

• Financial regulation and climate-related risk
• Macroeconomic coordination for a sustainable economy 
• Green macro-financial regimes
• The global financial architecture and EMDEs